Canada

Pension Funds in Canada Falling Short on Climate Commitments, New Report Reveals

Montreal, Canada – A recent report by the advocacy group Shift Action for Pension Wealth and Planet Health has shed light on Canada’s largest pension funds’ slow progress in shifting away from fossil fuel investments. The report evaluated 11 of the country’s most significant pension managers against global greenhouse gas emission reduction targets and international best practices. While some improvement has been noted since the previous assessment, the overall pace of progress is deemed insufficient …

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AI chatbot debacle forces Air Canada to pay partial refund, tribunal rules

Vancouver, British Columbia – A Vancouver man has won a partial refund from Air Canada in a case that sets a potential precedent for the use of artificial intelligence in business. The Canadian tribunal ruled in favor of Jake Moffatt, who sought a bereavement fare after the death of his grandmother. He interacted with the airline’s chatbot, which erroneously promised him a discount on his flight ticket. Moffatt later discovered that the airline’s actual bereavement …

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Mark Your Calendars: 2024 Total Solar Eclipse to Light up U.S., Canada and Mexico

San Antonio, Texas – On April 8, 2024, a rare astronomical event is set to mesmerize millions of people across a wide swath of the U.S., Canada, and Mexico. This time, a total solar eclipse will have its longest duration in over a decade, lasting a breathtaking four minutes and 28 seconds. As the moon passes between the Earth and the sun, it will temporarily block the sun’s light, casting a momentary darkness in its …

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Want to Move to Canada in Your Golden Years?

Is Canada on your list as one of the places you are considering moving to in retirement? It is essential to think about the various outcomes that can result from this choice if you spend your retirement up north.

Albertans Overwhelmingly Oppose Exiting Canada Pension Plan, Survey Finds

EDMONTON, Alberta – A recent survey conducted in Alberta has found that 52% of residents are against the idea of the province exiting the Canada Pension Plan. The survey, which was conducted by a local research firm, revealed that a majority of Albertans are in favor of remaining within the national pension plan. This sentiment comes amid discussions within the provincial government about potentially leaving the CPP and creating a separate plan for Alberta. Supporters …

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